Discussion in a Word Document in paragraph form, respond to the following:1) From a purely financial (numbers) perspective, would you recommend this purchase tomanagement? Why?2) What are some of the non-financial elements that need to be considered for this proposal?3) Assumptions in project economics can have a huge impact on the result. Identify 3 financialelements/assumptions in your analysis that would make this project not be financially attractive(e.g., answer this question: what would have to be true for this to be a bad investment?).4) If you were the CEO, would you approve this proposal? Why or why not?